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From the chairman

We believe the success of a company should be measured by more than financial results—it should also be defined by its commitment to the environment, its contributions to society, and the strength of its governance. At Eaton, these elements form the basis of our approach to sustainability, and this is how we build a better company.

Even though the term sustainability is a relatively new concept in business language, it has been at the heart of nearly everything we do since we were founded over 100 years ago. Today, sustainability is reflected in our vision—to improve the quality of life and the environment using power management products and services—and guides our everyday decisions and actions.

Our sustainability efforts are focused on three distinct areas that support us in achieving our aspirational goals—creating positive environmental impact with our products and services while reducing the impact of our own operations, strengthening our workforce and the communities in which we live and work, and doing business right.

Craig Arnold
Chairman, Eaton

Creating a positive environmental impact

We strive to operate efficiently and sustainably, while producing products and services that allow our customers to do the same. Every day, Eaton employees are developing solutions that have a positive environmental impact—from microgrids and energy storage, to automated transmissions, electric vehicle power distribution units and blended power systems in aircraft. Our products help customers and partners efficiently use and conserve resources, provide reliable access to energy and a safe living and working environment. Around the world, our teams are actively engaged in programmes that reduce our own waste and carbon dioxide emissions and optimise our use of energy, raw materials and natural resources.

Strengthening our workforce and communities

We’re focused on creating an inclusive, safe and engaging workplace where every employee has an opportunity to learn, grow and be healthy. To deliver on this, we sponsor and promote Inclusion Employee Resource Groups, drive world-class safety performance at our sites and provide regular training opportunities at all levels of the organisation. We also care deeply about the communities in which we live and work and encourage our employees to take an active role in supporting local causes that are important to them.

Doing business right

Our commitment to “doing business right” begins at the highest levels of our leadership and is brought to life each day through the actions of our employees. Every year, our directors and employees recommit to our Code of Ethics, which defines the standards of ethical behaviour we expect of ourselves and use to govern our business activities. In addition, we work with our suppliers to adopt the same standards of behaviour by signing our Supplier Code of Conduct, ensuring a sustainable supply chain. While we are encouraged by what we’ve been able to achieve so far, we know we are just getting started. I’m proud to be a part of a company that is committed to creating a better, more sustainable future for the planet and our fellow citizens around the world.

Craig Arnold
Chairman and Chief Executive Officer